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What is meant by Net Profit?

Anurag Pathak
April 9, 2023
[CBSE] Fundamentals of Partnership Firm, Accountancy Class 12th

2.68K viewsApril 9, 2023[CBSE] Fundamentals of Partnership Firm Accountancy Class 12th

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Anurag Pathak30.76K April 9, 2023 0 Comments

What is meant by Net Profit?

Anurag Pathak Changed status to publish April 9, 2023

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Anurag Pathak30.76K Posted April 9, 2023 0 Comments

Answer:-

Net Profit means profit earned by the firm from its Operating and Non-operating Activities. It is ascertained by preparing Profit and Loss Account.

Anurag Pathak Changed status to publish April 9, 2023

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.